Provide a brief description what land tenure systems freehold and leasehold?

Freehold land tenure grants an individual or entity outright ownership of a property, allowing them to use, sell, or develop the land indefinitely, subject to local laws and regulations. In contrast, leasehold tenure involves a contractual agreement where a lessee pays rent to a lessor for the use of the land for a specified period, after which ownership reverts to the lessor. While freehold offers greater security and control, leasehold can provide access to land without the high upfront costs of ownership. Each system reflects different legal rights and obligations concerning land use and ownership.